BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by ...
Tag: CBN
CBN To Sell $20,000 To Each BDC Operator At ₦1,450/$1
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change ...
Dangote Faults CBN’s Interest Rate, Asks FG To Protect Existing Businesses
Chairman of the Dangote Group, Aliko Dangote, has criticised the hike of interest rate to almost 30 per cent ...
CBN To Sanction Banks Rejecting Old Dollar Notes
The Central Bank of Nigeria has warned against the continued rejection of old series and lower denominations of the ...
JUST IN: CBN Revokes Heritage Bank’s Licence
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was ...
CBN Directs Banks To Suspend Charges On Deposits Till September
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The ...
Nigerian Central Bank Directs Commercial Banks To Charge 0.5% Cybersecurity Levy On Transactions
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity ...
CBN Issues July 7 Deadline For PoS Operators’ Registration With CAC
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators ...
Customers Panic As CBN Bans Opay, Palmpay, Others’ New accounts
Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms ...
Just In: CBN Announces N500bn New Capital Base, Sets 24 Months Ultimatum
The Central Bank of Nigeria has announced a new capital base requirements for banks with a minimum of N500 ...
| Currency | Price |
|---|---|
 UAE Dirham | 3.6729 |
 Australian Dollar | 1.5477 |
 Brazilian Real | 5.797 |
 Canadian Dollar | 1.4102 |
 Chinese Yuan (offshore) | 7.2397 |
 Egyptian Pound | 49.36 |
 Euro | 0.9484 |
 British Pound | 0.7925 |
 Kuwaiti Dinar | 0.3071 |
 Nigerian Naira | 1,666.4 |
 Russian Ruble | 99.8727 |
 South African Rand | 18.2031 |
17 Nov · FX Source: CurrencyRate
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